Is it smart to go to school for entrepreneurship?

9 aspiring tycoons tell FSB how the classes they took affected their businesses.

Michael Hanson, 46
The Owner
Michael Hanson, 46
University of St. Thomas
Opus College of Business
Family-business-management course

The best aspect of the family-business management course I took with my son, Andrew Hanson, was hearing other parents discuss their challenges. Business owners are usually leery of exposing their financials and detailing their operations. But this was a safe environment, because we took vows of confidentiality. Throughout the class, I observed my son Andy growing more interested in Hanson Financial (hansonfinancialinc.com), my firm in Vadnais Heights, Minn. I was an active participant, so I think he learned from my leadership. Andy and I were a little apprehensive about going into business together, but this course helped us identify the strengths that each of us brings. I enjoyed being back in the classroom and sharing a common interest with my son. The semester was as much about building a stronger bond as it was about the future of our business.
- As told to Brandi Stewart

The Professional

The Undergrad

The E-Learner

The Hybrid

The Idea Guy

The MBA

The Serial Entrepreneur

The Owner

The Heir
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.